Jinhui Good Will vs Long Term Debt Analysis

603132 Stock

11.63 0.46 3.80%

Jinhui Mining financial indicator trend analysis is infinitely more than just investigating Jinhui Mining recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jinhui Mining is a good investment. Please check the relationship between Jinhui Mining Good Will and its Long Term Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jinhui Mining Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Good Will vs Long Term Debt

Good Will vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jinhui Mining Good Will account and Long Term Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Jinhui Mining's Good Will and Long Term Debt is -0.4. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Jinhui Mining Co, assuming nothing else is changed. The correlation between historical values of Jinhui Mining's Good Will and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Jinhui Mining Co are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Good Will i.e., Jinhui Mining's Good Will and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.4

Relationship Direction	Negative
Relationship Strength	Very Weak

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Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Long Term Debt

Long-term debt is a debt that Jinhui Mining has held for over one year. Long-term debt appears on Jinhui Mining Co balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Jinhui Mining Co balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Jinhui Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jinhui Mining current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jinhui Mining Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

The current year's Tax Provision is expected to grow to about 54.1 M, whereas Selling General Administrative is forecasted to decline to about 26.5 M.

	2021	2022	2023	2024 (projected)
Interest Expense	120.3M	75.0M	68.0M	103.7M
Interest Income	4.7M	15.7M	12.8M	11.2M

Interest Expense Interest Income

Jinhui Mining fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Net Invested Capital	Property Plant And Equipment Gross
Total Assets		-0.54	-0.43	0.79	0.94	0.77	0.96	-0.89	0.56	0.3	0.93	0.97	0.88	-0.53	-0.38	0.02	0.98	0.97	-0.57	-0.59	0.49	-0.65	-0.66	0.95	0.85	-0.56
Other Current Liab	-0.54		-0.38	0.01	-0.32	0.01	-0.73	0.25	0.17	-0.63	-0.41	-0.65	-0.85	-0.06	0.91	0.72	-0.63	-0.42	0.94	0.58	-0.87	0.01	-0.12	-0.33	-0.08	0.21
Total Current Liabilities	-0.43	-0.38		-0.84	-0.55	-0.78	-0.3	0.77	-0.91	0.67	-0.43	-0.36	-0.06	0.84	-0.63	-0.6	-0.43	-0.49	-0.44	0.27	0.52	0.87	0.96	-0.56	-0.82	0.46
Total Stockholder Equity	0.79	0.01	-0.84		0.91	0.99	0.64	-0.95	0.92	-0.23	0.85	0.67	0.44	-0.86	0.18	0.42	0.75	0.87	-0.05	-0.5	-0.01	-0.92	-0.94	0.81	0.96	-0.39
Other Liab	0.94	-0.32	-0.55	0.91		0.92	0.83	-0.91	0.72	0.18	0.99	0.83	0.7	-0.67	-0.21	0.16	0.88	0.99	-0.42	-0.53	0.38	-0.75	-0.74	0.88	0.88	-0.35
Net Tangible Assets	0.77	0.01	-0.78	0.99	0.92		0.6	-0.91	0.9	-0.18	0.87	0.62	0.41	-0.85	0.14	0.4	0.7	0.87	-0.09	-0.48	0.06	-0.89	-0.88	0.76	0.91	-0.25
Property Plant And Equipment Net	0.96	-0.73	-0.3	0.64	0.83	0.6		-0.82	0.44	0.35	0.83	0.99	0.97	-0.44	-0.51	-0.22	0.99	0.88	-0.68	-0.65	0.58	-0.57	-0.54	0.86	0.73	-0.59
Net Debt	-0.89	0.25	0.77	-0.95	-0.91	-0.91	-0.82		-0.86	0.14	-0.85	-0.84	-0.66	0.83	0.0	-0.18	-0.9	-0.9	0.23	0.61	-0.13	0.91	0.92	-0.87	-0.95	0.53
Retained Earnings	0.56	0.17	-0.91	0.92	0.72	0.9	0.44	-0.86		-0.52	0.63	0.45	0.23	-0.94	0.39	0.35	0.56	0.65	0.17	-0.46	-0.23	-0.96	-0.95	0.56	0.81	-0.23
Accounts Payable	0.3	-0.63	0.67	-0.23	0.18	-0.18	0.35	0.14	-0.52		0.29	0.32	0.52	0.57	-0.8	-0.46	0.23	0.25	-0.75	0.11	0.82	0.49	0.49	0.19	-0.18	0.04
Cash	0.93	-0.41	-0.43	0.85	0.99	0.87	0.83	-0.85	0.63	0.29		0.82	0.73	-0.6	-0.34	0.09	0.86	0.99	-0.54	-0.57	0.51	-0.68	-0.64	0.84	0.82	-0.26
Non Current Assets Total	0.97	-0.65	-0.36	0.67	0.83	0.62	0.99	-0.84	0.45	0.32	0.82		0.94	-0.43	-0.43	-0.1	0.98	0.89	-0.6	-0.58	0.49	-0.57	-0.59	0.92	0.78	-0.69
Non Currrent Assets Other	0.88	-0.85	-0.06	0.44	0.7	0.41	0.97	-0.66	0.23	0.52	0.73	0.94		-0.23	-0.67	-0.42	0.92	0.77	-0.8	-0.57	0.71	-0.36	-0.32	0.75	0.54	-0.53
Other Assets	-0.53	-0.06	0.84	-0.86	-0.67	-0.85	-0.44	0.83	-0.94	0.57	-0.6	-0.43	-0.23		-0.27	-0.32	-0.56	-0.61	-0.06	0.68	0.15	0.98	0.9	-0.49	-0.78	0.18
Long Term Debt	-0.38	0.91	-0.63	0.18	-0.21	0.14	-0.51	0.0	0.39	-0.8	-0.34	-0.43	-0.67	-0.27		0.66	-0.4	-0.3	0.97	0.44	-0.97	-0.23	-0.38	-0.16	0.12	-0.07
Net Receivables	0.02	0.72	-0.6	0.42	0.16	0.4	-0.22	-0.18	0.35	-0.46	0.09	-0.1	-0.42	-0.32	0.66		-0.11	0.11	0.63	0.17	-0.62	-0.32	-0.46	0.27	0.46	-0.23
Good Will	0.98	-0.63	-0.43	0.75	0.88	0.7	0.99	-0.9	0.56	0.23	0.86	0.98	0.92	-0.56	-0.4	-0.11		0.92	-0.59	-0.67	0.48	-0.68	-0.66	0.9	0.81	-0.6
Common Stock Shares Outstanding	0.97	-0.42	-0.49	0.87	0.99	0.87	0.88	-0.9	0.65	0.25	0.99	0.89	0.77	-0.61	-0.3	0.11	0.92		-0.5	-0.56	0.45	-0.71	-0.7	0.91	0.87	-0.41
Non Current Liabilities Total	-0.57	0.94	-0.44	-0.05	-0.42	-0.09	-0.68	0.23	0.17	-0.75	-0.54	-0.6	-0.8	-0.06	0.97	0.63	-0.59	-0.5		0.55	-0.98	-0.01	-0.17	-0.33	-0.09	0.01
Inventory	-0.59	0.58	0.27	-0.5	-0.53	-0.48	-0.65	0.61	-0.46	0.11	-0.57	-0.58	-0.57	0.68	0.44	0.17	-0.67	-0.56	0.55		-0.44	0.67	0.47	-0.41	-0.51	0.16
Other Current Assets	0.49	-0.87	0.52	-0.01	0.38	0.06	0.58	-0.13	-0.23	0.82	0.51	0.49	0.71	0.15	-0.97	-0.62	0.48	0.45	-0.98	-0.44		0.11	0.26	0.25	0.0	0.14
Other Stockholder Equity	-0.65	0.01	0.87	-0.92	-0.75	-0.89	-0.57	0.91	-0.96	0.49	-0.68	-0.57	-0.36	0.98	-0.23	-0.32	-0.68	-0.71	-0.01	0.67	0.11		0.95	-0.63	-0.87	0.33
Total Liab	-0.66	-0.12	0.96	-0.94	-0.74	-0.88	-0.54	0.92	-0.95	0.49	-0.64	-0.59	-0.32	0.9	-0.38	-0.46	-0.66	-0.7	-0.17	0.47	0.26	0.95		-0.72	-0.93	0.51
Deferred Long Term Liab	0.95	-0.33	-0.56	0.81	0.88	0.76	0.86	-0.87	0.56	0.19	0.84	0.92	0.75	-0.49	-0.16	0.27	0.9	0.91	-0.33	-0.41	0.25	-0.63	-0.72		0.92	-0.73
Net Invested Capital	0.85	-0.08	-0.82	0.96	0.88	0.91	0.73	-0.95	0.81	-0.18	0.82	0.78	0.54	-0.78	0.12	0.46	0.81	0.87	-0.09	-0.51	0.0	-0.87	-0.93	0.92		-0.61
Property Plant And Equipment Gross	-0.56	0.21	0.46	-0.39	-0.35	-0.25	-0.59	0.53	-0.23	0.04	-0.26	-0.69	-0.53	0.18	-0.07	-0.23	-0.6	-0.41	0.01	0.16	0.14	0.33	0.51	-0.73	-0.61

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Other Information on Investing in Jinhui Stock

Balance Sheet is a snapshot of the financial position of Jinhui Mining at a specified time, usually calculated after every quarter, six months, or one year. Jinhui Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jinhui Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Jinhui currently owns. An asset can also be divided into two categories, current and non-current.

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Jinhui Good Will vs Long Term Debt Analysis

Good Will vs Long Term Debt

Good Will vs Long Term Debt Correlation Analysis

Correlation Coefficient

Good Will

Long Term Debt

Jinhui Mining fundamental ratios Correlations

Jinhui Mining Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Currently Active Assets on Macroaxis

Other Information on Investing in Jinhui Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Tangible Assets	+ 0.99	Total Stockholder Equity
Cash	+ 0.99	Other Liab
Common Stock Shares Outstanding	+ 0.99	Other Liab
Non Current Assets Total	+ 0.99	Property Plant And Equipment Net
Good Will	+ 0.99	Property Plant And Equipment Net
Common Stock Shares Outstanding	+ 0.99	Cash

Other Current Assets	- 0.98	Non Current Liabilities Total
Other Current Assets	- 0.97	Long Term Debt
Other Stockholder Equity	- 0.96	Retained Earnings
Total Liab	- 0.95	Retained Earnings
Net Invested Capital	- 0.95	Net Debt
Net Debt	- 0.95	Total Stockholder Equity